Business

Business briefs

DePASCALE EARNS DESIGNATION: Joe DePascale of Farmers Trust Co. has been awarded the professional plan consultant designation from fi360. It signifies specialized training on retirement plan management and administration and ERISA (Employee Retirement Income Security Act) compliance; is the ...

Tribune Chronicle / Virginia Shank
Jess Warren of North Jackson, owner of Quest-Crete Studios, explains the process of customizing concrete for customers.

Tradesman crafts art from concrete for building projects

NORTH JACKSON — It all started with a customer who encouraged local craftsman Jess Warren to market and expand his business. About nine years ago, Warren, a veteran construction worker, was helping build a house in Berlin Center. The owner wanted a custom concrete countertop for his bar in ...

Know your rights as a taxpayer

Taxpayers have fundamental rights under the law. The “Taxpayer Bill of Rights,” known as IRS Publication 1, presents these rights in 10 categories and lists the agency’s obligations to protect them. Here is a rundown: • The Right to Be Informed Taxpayers have the right to know ...

Orwell manufacturer seeks workers at job fair

ORWELL — Kennametal is looking for workers to fill various light manufacturing and warehouse positions. The openings are immediate, and interested individuals may apply during a hiring event hosted by Kelly Services 9 to 11 a.m. Tuesday at the Kennametal, 180 Penniman Road, Orwell. ...

No change on Friday in local financial stocks

Local bank stocks remained saw no change following Friday’s trading, with Cortland Bancorp closing at $17.85 a share and First Niles Financial at $10.25 a share.

Local bank stocks mixed

Local bank stocks were mixed following trading on Thursday. Cortland Bancorp gained 5 cents to close at $17.85 per share, while First Niles Financial closed at $10.25 per share, where it closed on Wednesday.

Valley home sales up for 2016, down for December

Tribune Chronicle WARREN — Mahoning Valley saw modest increases in home sales last year — with a 3.2 percent gain in Trumbull County and a 0.4 percent rise in Mahoning County — compared to 2015. In 2016, Trumbull County saw 2,063 closed home sales compared to 2,000 the prior year, ...

Local bank stocks mixed

Local bank stocks were mixed following trading on Wednesday. While Cortland Bancorp stood pat at $17.80 per share, First Niles Financial, after falling 46 cents on Tuesday, lost another 29 cents to close at $10.25 per share.

GM to report its fourth quarter 2016 earnings

LORDSTOWN — General Motors Co. will announce its fourth quarter 2016 financial results Feb. 7. The Detroit auto-maker, which manufactures the Chevrolet Cruze at its assembly plant in Lordstown, reported a record profit for the third quarter of 2016 that doubled results of the same period ...

Millennials fall behind boomer parents

SOUTH MILWAUKEE, Wisconsin — Baby Boomers: your millennial children are worse off than you. With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal ...

Get early start on preparing tax return

The Internal Revenue Service and its private-sector partners on Friday announced the 2017 opening of Free File, the free tax software preparation program that gives eligible taxpayers a dozen options for brand-name products. Taxpayers can get a jump now on preparing their returns, and the ...

Chamber names new 2017 board members

YOUNGSTOWN — The Regional Chamber’s board of directors has named six new members and officers for 2017, and also reappointed several members to new terms. The new members are: • Robert Berk, president, Berk Enterprises Inc. • Mike Boddy, general manager, Anderson-DuBose ...

Pay gap growing between high school, college grads

WASHINGTON — Americans with no more than a high school diploma have fallen so far behind college graduates in their economic lives that the earnings gap between college grads and everyone else has reached its widest point on record. The growing disparity has become a source of ...

Local bank stocks mixed

Local bank stocks had mixed results following Friday’s trading. Cortland Bancorp gained 7 cents to close at $17.75 per share, while First Niles Financial stood pat to close at $11 per share.

Bank stocks hold steady

Local bank stocks stood pat in trading Thursday, with Cortland Bancorp closing at $17.68 per share and First Niles Financial

Local bank stocks mixed

First Niles Financial, after gaining 10 cents in trading on Tuesday, stood pat to close at $11 a share on Wednesday. Cortland Bancorp, which has been bobbing all week — falling 10 cents on Monday to gain 15 cents on Tuesday — lost 12 cents Wednesday to close at $17.68 a share.

Hollywood gaming sees an increase in wagering

AUSTINTOWN — Wagering at Hollywood Gaming at Mahoning Valley Race Course was up last month compared to December 2015. The Austintown facility saw $82.26 million in credits played, compared to $77 million in December 2015. In November, $80.83 million credits were played, according to numbers ...

Local financial stocks rebound

First Niles Financial gained 10 cents in trading to close at $11 a share on Tuesday after falling 5 cents on Monday. Cortland Bancorp, which fell 10 cents on Monday, rose 15 cents to close at $17.80 a share on Tuesday.

Local bank stocks fall on Monday

Local financial stocks had losses on Monday. First Niles Financial closed at $10.90 a share, which is 5 cents less than where it closed on Friday. Cortland Bancorp fell 10 cents from its close on Friday to end Monday at $17.65 a share.

Dominion rates up as temperatures fall

WARREN — January rates for Dominion East Ohio’s Standard Choice Offer / Standard Service Offer are 62.2 percent higher than they were this time last year. The revised rates of $3.880 per thousand cubic feet (mcf) that go into effect Jan. 13 are $1.488 higher than the January 2016 ...